Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv

Pass a entry for salary payment basic 5000, HRA 3000,
Medical 200, TDS 500 Adv 200 & deducted PF with narration.

Question Posted / pankaj rastogi

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Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted ..

Salary Basic A/c Dr.5000.00
Salary Allowance A/c Dr.3200.00
Employer Contribution A/c Dr.300.00 (Amount Assumed)
To Advance Salary A/c 200.00
To PF Liability A/c 600.00(Empyr+Employee)
To TDS A/c 500.00
To Bank/Cash A/c 7200.00

Is This Answer Correct ?

9 Yes

11 No

Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted ..

Answer / hemal shah

AfteWhen Employeee Receive P.F Explain detail with interest
and Income Tax , Excise A/c Entry by Transaction

Is This Answer Correct ?

1 Yes

3 No

Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted ..

Answer / bikram kumar mandal

Basic salary ------------------- Dr.3100/-
HRA Allowances ------------------- Dr.1050/-
CONVEYANCE ------------------- Dr.1050/-
MOBILE ---------------- DR. 500/-

Advance salary ----------------------
Cr.200/-
PF 3100*.12 ----------------------
Cr.372/-
TDS --------------------
-- Cr.310/-
ESI 5700*1.75% ----------------------
CR.100/-
P. TAX ---------------------
- CR. 45/-
Cash/Bank A/c --------------------
Cr.4673/-

(Being Salary Paid to Mr.BIKRAM KUMAR MANDAL for the
M/O.AUGUST Through Ch.
No.783994 DT. 10.09.10)

Is This Answer Correct ?

0 Yes

2 No

Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted ..

Answer / syed irfan ali

TO SALARY A/C 5000/-
(BEIGN SALARY PAID BY CASH)
TO HRA A/C 3000/-
(BEING HRA PAID BY CASH)
TO MEDICAL A/C 200/-
BY TDS A/C 500/-
(BING TDS DEDUCTED FROM SALARY)
BY SALARY ADV A/C. 200/-
(BEING ADV. SALARY DEDUCTED)
BY P.F. A/C 600/-
(BEING 12 % PF DEDUCTED FROM SALARY ON
BASIC SALRY)
BY CASH A/C 6900/-
(BEING NET SALARY PAID BY CASH) -------- -------
8200/- 8200/-
-------- -------

Is This Answer Correct ?

1 Yes

3 No

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